stableImportance 5/5Confidence 5/52 documented updates

Trump bond filing says the market still won’t touch the full fraud judgment

Trump’s lawyers told a New York appellate court on March 18 that they had contacted about 30 surety companies without finding one willing to back the full $454 million civil fraud judgment, a development that could let New York start enforcement if the court does not grant relief.

Why it matters: Bond blowback

First recorded Mar 18, 2024·Meaningfully updated Mar 19, 2024

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Trump bond filing says the market still won’t touch the full fraud judgment

Trump’s lawyers told a New York appellate court on March 18 that they had contacted about 30 surety companies without finding one willing to back the full $454 million civil fraud judgment, a development that could let New York start enforcement if the court does not grant relief.

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Confidence 5/5

Trump bond filing says the market still won’t touch the full fraud judgment

Trump’s lawyers told a New York appellate court on March 18 that they had contacted about 30 surety companies without finding one willing to back the full $454 million civil fraud judgment, a development that could let New York start enforcement if the court does not grant relief.

Confidence 5/5

Trump lawyers tell court a full bond on fraud judgment is out of reach

Trump’s lawyers told a New York appellate court on March 18, 2024, that securing a full bond for the fraud judgment against him was not possible after efforts with more than 30 surety companies and underwriters came up empty. The filing put his ability to meet the appellate security requirement under a bright spotlight as the case moved toward enforcement.

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